Short Interest in Aviva plc (OTCMKTS:AVVIY) Declines By 6.5%

Aviva plc (OTCMKTS:AVVIY) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 27,300 shares, a decrease of 6.5% from the August 31st total of 29,200 shares. Based on an average daily volume of 36,400 shares, the short-interest ratio is presently 0.8 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised shares of Aviva to a “strong-buy” rating in a research note on Wednesday, September 18th.

Aviva Stock Performance

AVVIY stock opened at $13.26 on Monday. The company has a fifty day moving average price of $13.02 and a 200-day moving average price of $12.57. Aviva has a 52-week low of $9.25 and a 52-week high of $13.58. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.68.

Aviva Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 23rd. Stockholders of record on Friday, September 6th will be paid a dividend of $0.2854 per share. The ex-dividend date is Friday, September 6th.

About Aviva

Aviva plc provides various insurance, retirement, investment, and savings products in the United Kingdom, Ireland, Canada, and internationally. The company offers life insurance, long-term health and accident insurance, savings, pension, and annuity products, as well as pension fund business and lifetime mortgage products.